The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-04-30

STATE or LOUISIANA, PARISH OF
DE IT KNOWN AND REMEMBERED
- that We the undersigned parties. Will
M. Right. e. +. Morgan, J. W. johnson,
A. w. Files, all Of whom are subscribers to
| the original subscription list Of stock and
stockholders i'll the Houston, Central Ar
kansas q Northern railroad Company,
| availing ourselves of the privileges con-
terred by the Constitution and Statutes of
| ization of corporations for Public Improve
| ment have formed ourselves into a cor
noration, and do hereby and by these
ourselves and all such other persons
as may hereafter become associated with us
| into Body Corporate or Corporation and
to that end and for that purpose do cove
nant and agree to be governed by the fol-
! lowing stipulations, obligations and regu-
| lations rs Articles of Corporation, which
are to be the charter of said corporation,
| to-wit:
| ARTICLE I.
| The name and title of this corporation
shall be The Houston, Central Arkansas d
| Northern Railroad Company, and that by
said name said corporation shall have sue
cassion aud corporate existence for and
during the iull term of ninety-nine years
from the date of this act, unless sooner dis
solved. 1t may sue and be sued; may hold
real and personal estate; may make con-
TRACTS; may receive grants Of land, and
personal property, and generally shall pos
sess all the power and privileges which
such corporations arc or may be authorized
! to possess under the Constitution or by any
general law Of this State.
| ARTICLE II.
| The place chosen for tlls domiciie of said
| corporation is Monroe. in tho parish of
o"achua, State Of Lonisiana.
The purposes for which said corporate ion
| has been and is established are:
| Section l. 10 locate, construct, own and
| manage Il railroad, with one or moro tracts
and suitable turnouts and switches upon
such gauge and construction, and npon such
| course or route as the chiefengineer of the
company with the approval of the directors
| may deem most advisable aud expedient be-
ginning at point at Or near Monroe, in the
| parish of Ouachita, Louisiana, and running
| thonce through the parishes of Ouachita
and MorehouSe said State on such route as
may be selected to such a point on the Line
between the States of Louisiana and Ar
kansas as may be selected by che said chief
engineer and there to connect with u rail
road constructed or to be constructed, from
said point on said State Limo in the State
OF Arkansas, through the counties Of Ash
ley, Drew, Lincoln and Jefferson to a point
at or near Pine Bluff, ARKANSAS, and hav-
! ing the Same name as this corporation
This being continuation of said route
| from said Arkansas and Louisiana Limo to
tiie city OF Monroe, Louisiana.
Sec. 2. 10 locate, construct, lease, own,
operate, maintain and use such branch rail
roads and tracts as Il aiority of the d1rec-
| tors Of said corpor ,tion may deem proper
(eNpedient and for the interest Of said COM
pany; saidscompany hail not be restricted
| in the exercise ofthis privilege to the state
! of louisiana bur may connect it's main line
with any other limo or lines in such Othe,
| States as sh" II authorize the exercise of said
privilege within their limits; and tho said
! company shall have right to establish
and MAINTAIN proper elevators, and freight
ard assenger dapots at such points and
places as may tse deemed most expedient
aud proper; and said company shall have
the right to acquire by approximation such
property as 1t may require for tracks, road
bed, uepots, elevators or other necessary
purposes.
sec. 3. TO purchase, hold, operate, MAIN
tain and use any connecting railroad or
railroads, OR to consolidate with the same
and make ono company under the name of
the companies so consolidated or any other
namo.
Sec !. 10 construct, establish or per-
chase in the State OF Louisiana and there
after to own, maintain and use such
wharvcS, bridges, piers, harbors steam
boats, warehouses;, elevators, yards. depots,
stations and other works as said company
may deem necessary, or will aid said
company in tho prosecution OF tho purposes
Tor which 1t was and is formed, and to
tnauage and operate tho same in suci, man
nor AS may be decmed necessary and most
likely to promote the welfare OF said COM
pany.
Sec. 5. 70 tako. transport, carry and
convey persons and property upon its said
railroad and to receive for safe kceptt.. and
to store merchandise and prOperty in its
yards, elevators and warehouses;; and to
receive for such transportation, safe keep
ing or storage such tolls and charges us
may from time to time be established by
the directors of said railroad company: to
make advances of money or credits for
Charges nadc by Other transportation lines
upon merchandise or property to DO trans
ported upon its own roads or to DO stored
i'll its yards, warehouses; or elevators to such
extent aud on such terms and conditions as
tho directors of said company may from
time to time establish.
Sec. q. 70 obtain and receive by grant,
gift, devise and bcuueath both real and per-
sonal property and 10 have and TO hold the
same tor the purposes and objects OF said
company.
Sec. !. TO construct said railroad and
maintain the same and to have the right of
way for tho same across, along or upon amy
of the water courses. streets, highways or
other public places of said State.
See. =. 70 appropriate property accord
ing 60 existing and future laws.
Soc. .. 70 borrow mOnOy, to purchase
ANA lease property ca its own credits for
tho purpose of constructing and maintain
ing said railroad or establishing continuous
and connecting lines as hereto fore provided;
and as evidence OF The Indebtedness of said
company for such loans, or the purchase or
icas OF snch prov erty to ISSUE its corporate
bonds or prom issorN notes. bearing interest
at such rate pefanuum as the directors may
eject, and ma @ payable at such times and
places as may DO deemed most TO the ad-
vantage oi said corporation: and for secur-
mortgage or pledge its capital stock, its
corporate franchises, and any or all Of its
real or personal property, or both.
All citations shall be served upon Ire Pres
ident, or in his absence upon the Secretary,
Treasurer or General Attorney of said cor
poration.
ARTICLE V.
See. I. The amount p3nftal stock a said